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Episode 208: Advice For New Investors -- We're Off To See The Wizard!
Risk Parity Radio
Whirly Gigs and MLMs
2min Snip
00:00
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Some Whirly Gigs known as MLMs or multi-level marketing tend to have a success rate of about 2%. Those people who put their money there are either back in Kansas or just getting out of there. Some Whirly Gig promoters give you this system to go back into the lullaby league store and buy and sell coin purses. And those don't have a very good track record either. The money in your account, it didn't do too well. It's gone. But they were brave and do-we-so.
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